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Allowance for Loan Losses (Tables)
3 Months Ended
Mar. 31, 2016
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent
The following tables show activity in the originated ALL, by portfolio segment for the three months ended March 31, 2016 and 2015, as well as the corresponding recorded investment in originated loans at the end of the period:
As of March 31, 2016
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Originated Loans
C&I
 
CRE
 
Construction
 
Leases
 
Installment
 
Home Equity Lines
 
Credit Cards
 
Residential Mortgages
 
Total
Three Months Ended
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for originated loan losses, beginning balance
$
44,760

 
$
9,631

 
$
1,594

 
$
1,313

 
$
14,183

 
$
20,094

 
$
8,831

 
$
4,729

 
$
105,135

Charge-offs
(3,209
)
 
(109
)
 

 

 
(6,769
)
 
(1,027
)
 
(1,450
)
 
(450
)
 
(13,014
)
Recoveries
532

 
24

 
2

 
19

 
3,806

 
624

 
357

 
20

 
5,384

Provision for loan losses
2,406

 
(2,302
)
 
(59
)
 
167

 
3,444

 
(163
)
 
853

 
1,064

 
5,410

Allowance for originated loan losses, ending balance
$
44,489

 
$
7,244

 
$
1,537

 
$
1,499

 
$
14,664

 
$
19,528

 
$
8,591

 
$
5,363

 
$
102,915

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending allowance for originated loan losses balance attributable to loans:
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
6,194

 
$
567

 
$

 
$

 
$
1,081

 
$
185

 
$
225

 
$
1,038

 
$
9,290

 
Collectively evaluated for impairment
38,295

 
6,677

 
1,537

 
1,499

 
13,583

 
19,343

 
8,366

 
4,325

 
93,625

Total ending allowance for originated loan losses balance
$
44,489

 
$
7,244

 
$
1,537

 
$
1,499

 
$
14,664

 
$
19,528

 
$
8,591

 
$
5,363

 
$
102,915

Originated loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Originated loans individually evaluated for impairment
$
46,996

 
$
24,013

 
$

 
$

 
$
40,134

 
$
7,720

 
$
687

 
$
23,105

 
$
142,655

 
Originated loans collectively evaluated for impairment
5,790,319

 
2,055,649

 
670,825

 
512,929

 
3,114,778

 
1,246,989

 
178,336

 
677,033

 
14,246,858

Total ending originated loan balance
$
5,837,315

 
$
2,079,662

 
$
670,825

 
$
512,929

 
$
3,154,912

 
$
1,254,709

 
$
179,023

 
$
700,138

 
$
14,389,513

 

As of March 31, 2015
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Originated Loans
C&I
 
CRE
 
Construction
 
Leases
 
Installment
 
Home Equity Lines
 
Credit Cards
 
Residential Mortgages
 
Total
Three Months Ended
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for originated loan losses, beginning balance
$
37,375

 
$
10,492

 
$
2,202

 
$
674

 
$
12,918

 
$
19,324

 
$
7,966

 
$
4,745

 
$
95,696

Charge-offs
(510
)
 
(215
)
 

 

 
(5,055
)
 
(911
)
 
(1,452
)
 
(424
)
 
(8,567
)
Recoveries
341

 

 
1

 
4

 
3,020

 
613

 
366

 
35

 
4,380

Provision for loan losses
2,632

 
(1,464
)
 
(451
)
 
(49
)
 
2,475

 
407

 
921

 
1,565

 
6,036

Allowance for originated loan losses, ending balance
$
39,838

 
$
8,813

 
$
1,752

 
$
629

 
$
13,358

 
$
19,433

 
$
7,801

 
$
5,921

 
$
97,545

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending allowance for originated loan losses balance attributable to loans:
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
10,042

 
$
317

 
$

 
$

 
$
1,005

 
$
254

 
$
263

 
$
1,416

 
$
13,297

 
Collectively evaluated for impairment
29,796

 
8,496

 
1,752

 
629

 
12,353

 
19,179

 
7,538

 
4,505

 
84,248

Total ending allowance for originated loan losses balance
$
39,838

 
$
8,813

 
$
1,752

 
$
629

 
$
13,358

 
$
19,433

 
$
7,801

 
$
5,921

 
$
97,545

Originated loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Originated loans individually evaluated for impairment
$
35,792

 
$
15,000

 
$

 
$

 
$
26,882

 
$
7,632

 
$
815

 
$
24,822

 
$
110,943

 
Originated loans collectively evaluated for impairment
5,282,105

 
2,118,017

 
580,978

 
388,873

 
2,473,406

 
1,126,606

 
159,951

 
615,158

 
12,745,094

Total ending originated loan balance
$
5,317,897

 
$
2,133,017

 
$
580,978

 
$
388,873

 
$
2,500,288

 
$
1,134,238

 
$
160,766

 
$
639,980

 
$
12,856,037

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


The following table presents the originated ALL and the recorded investment as of December 31, 2015:
As of December 31, 2015
 
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Originated Loans
C&I
 
CRE
 
Construction
 
Leases
 
Installment
 
Home Equity Lines
 
Credit Cards
 
Residential Mortgages
 
Total
Ending allowance for originated loan losses balance attributable to loans:
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
$
11,837

 
$
128

 
$

 
$

 
$
1,009

 
$
188

 
$
243

 
$
944

 
$
14,349

 
Collectively evaluated for impairment
32,923

 
9,503

 
1,594

 
1,313

 
13,174

 
19,906

 
8,588

 
3,785

 
90,786

Total ending allowance for originated loan losses balance
$
44,760

 
$
9,631

 
$
1,594

 
$
1,313

 
$
14,183

 
$
20,094

 
$
8,831

 
$
4,729

 
$
105,135

Originated loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans individually evaluated for impairment
$
43,818

 
$
16,614

 
$

 
$

 
$
36,904

 
$
7,080

 
$
717

 
$
23,905

 
$
129,038

 
Loans collectively evaluated for impairment
5,749,590

 
2,060,730

 
645,337

 
491,741

 
2,953,445

 
1,241,358

 
182,126

 
665,140

 
13,989,467

Total ending originated loan balance
$
5,793,408

 
$
2,077,344

 
$
645,337

 
$
491,741

 
$
2,990,349

 
$
1,248,438

 
$
182,843

 
$
689,045

 
$
14,118,505

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


Allowance for acquired impaired loan losses
The following table presents activity in the allowance for acquired impaired loan losses for the three months ended March 31, 2016 and 2015:
Allowance for Acquired Impaired Loan Losses
Three Months Ended March 31,
(In thousands)
2016
 
2015
Balance at beginning of the period
$
3,877

 
$
7,457

Charge-offs

 

Recoveries

 

Provision/(recapture) for loan losses
546

 
36

Balance at end of the period
$
4,423

 
$
7,493

 
 
 
 

Schedule of Credit Losses for Financing Receivables, Current
The following table presents activity in the allowance for FDIC acquired impaired loan losses for the three months ended March 31, 2016 and 2015:
Allowance for FDIC acquired Impaired Loan Losses
Three Months Ended March 31,
(In thousands)
2016
 
2015
Balance at beginning of the period
$
44,679

 
$
40,496

 
Net provision/(recapture) of loan losses before benefit attributable to FDIC loss share agreements
1,537

 
4,225

 
Net (benefit)/recapture attributable to FDIC loss share agreements
(269
)
 
(4,227
)
Net provision/(recapture) for loan losses
1,268

 
(2
)
Increase/(decrease) in loss share receivable
269

 
4,227

Loans charged-off
(1,617
)
 
(3,207
)
Balance at end of the period
$
44,599

 
$
41,514

 
 
 
 
 
Impaired Financing Receivables

The following tables provide further detail on impaired loans individually evaluated for impairment and the associated ALL. Certain impaired loans do not have a related ALL as the valuation of these impaired loans exceeded the recorded investment.
As of March 31, 2016
Originated Loans
 
 
Unpaid
 
 
 
Average
 
 
Recorded
 
Principal
 
Related
 
Recorded
(In thousands)
Investment
 
Balance
 
Allowance
 
Investment
Impaired loans with no related allowance
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
C&I
$
32,520

 
$
38,568

 
$

 
$
30,827

 
CRE
20,598

 
22,604

 

 
13,776

 
Construction

 

 

 

 
Leases

 

 

 

Consumer
 
 
 
 
 
 
 
 
Installment
1,236

 
1,493

 

 
1,162

 
Home equity line
481

 
738

 

 
751

 
Credit card
13

 
13

 

 
20

 
Residential mortgages
11,184

 
13,562

 

 
11,775

Subtotal
66,032

 
76,978

 

 
58,311

Impaired loans with a related allowance
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
C&I
14,476

 
14,617

 
6,194

 
14,117

 
CRE
3,415

 
3,447

 
567

 
2,435

 
Construction

 

 

 

 
Leases

 

 

 

Consumer
 
 
 
 
 
 
 
 
Installment
38,898

 
39,013

 
1,081

 
32,499

 
Home equity line
7,239

 
7,239

 
185

 
6,699

 
Credit card
674

 
674

 
225

 
725

 
Residential mortgages
11,921

 
12,036

 
1,038

 
12,394

Subtotal
76,623

 
77,026

 
9,290

 
68,869

 
Total impaired loans
$
142,655

 
$
154,004

 
$
9,290

 
$
127,180

 
 
 
 
 
 
 
 
 
Note 1: These tables exclude loans fully charged off.
Note 2: The differences between the recorded investment and unpaid principal balance amounts represent partial charge offs.



As of December 31, 2015
Originated Loans
 
 
Unpaid
 
 
 
Average
 
 
Recorded
 
Principal
 
Related
 
Recorded
(In thousands)
Investment
 
Balance
 
Allowance
 
Investment
Impaired loans with no related allowance
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
C&I
$
21,066

 
$
23,854

 
$

 
$
27,215

 
CRE
15,465

 
17,456

 

 
13,031

 
Construction

 

 

 

Consumer
 
 
 
 
 
 
 
 
Installment
1,369

 
1,658

 

 
1,807

 
Home equity line
670

 
919

 

 
999

 
Credit card
21

 
21

 

 
20

 
Residential mortgages
11,550

 
13,901

 

 
11,979

Subtotal
50,141

 
57,809

 

 
55,051

Impaired loans with a related allowance
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
C&I
22,752

 
28,881

 
11,837

 
11,284

 
CRE
1,149

 
1,173

 
128

 
3,037

 
Construction

 

 

 

Consumer
 
 
 
 
 
 
 
 
Installment
35,535

 
35,592

 
1,009

 
28,808

 
Home equity line
6,410

 
6,411

 
188

 
6,382

 
Credit card
696

 
696

 
243

 
757

 
Residential mortgages
12,355

 
12,458

 
944

 
12,619

Subtotal
78,897

 
85,211

 
14,349

 
62,887

 
Total impaired loans
$
129,038

 
$
143,020

 
$
14,349

 
$
117,938

 
 
 
 
 
 
 
 
 
Note 1: These tables exclude loans fully charged off.
Note 2: The differences between the recorded investment and unpaid principal balance amounts represent partial charge offs.

As of March 31, 2015
Originated Loans
 
 
Unpaid
 
 
 
Average
 
 
Recorded
 
Principal
 
Related
 
Recorded
(In thousands)
Investment
 
Balance
 
Allowance
 
Investment
Impaired loans with no related allowance
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
C&I
$
28,513

 
$
35,307

 
$

 
$
25,006

 
CRE
9,343

 
15,478

 

 
9,634

 
Construction

 

 

 

Consumer
 
 
 
 
 
 
 
 
Installment
1,846

 
2,428

 

 
1,881

 
Home equity line
977

 
1,222

 

 
987

 
Credit card
21

 
21

 

 
23

 
Residential mortgages
12,424

 
15,125

 

 
12,488

Subtotal
53,124

 
69,581

 

 
50,019

Impaired loans with a related allowance
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
C&I
7,279

 
7,350

 
10,042

 
5,984

 
CRE
5,657

 
5,664

 
317

 
5,668

 
Construction

 

 

 

Consumer
 
 
 
 
 
 
 
 
Installment
25,036

 
25,100

 
1,005

 
24,181

 
Home equity line
6,655

 
6,655

 
254

 
6,715

 
Credit card
794

 
794

 
263

 
823

 
Residential mortgages
12,398

 
12,487

 
1,416

 
12,414

Subtotal
57,819

 
58,050

 
13,297

 
55,785

 
Total impaired loans
$
110,943

 
$
127,631

 
$
13,297

 
$
105,804

 
 
 
 
 
 
 
 
 

Note 1: These tables exclude loans fully charged off.
Note 2: The differences between the recorded investment and unpaid principal balance amounts represent partial charge offs.
Troubled Debt Restructurings on Financing Receivables
The following tables provide the number of loans modified in a TDR and the recorded investment and unpaid principal balance by loan portfolio as of March 31, 2016, December 31, 2015, and March 31, 2015.
 
 
 
As of March 31, 2016
(Dollars in thousands)
Number of Loans
 
Recorded Investment
 
Unpaid Principal Balance
Originated loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I
27

 
$
28,160

 
$
28,980

 
 
CRE
22

 
14,175

 
16,141

 
 
Construction

 

 

 
 
Total originated commercial
49

 
42,335

 
45,121

 
Consumer
 
 
 
 
 
 
 
Installment
1,224

 
40,134

 
40,506

 
 
Home equity lines
253

 
7,720

 
7,977

 
 
Credit card
201

 
687

 
687

 
 
Residential mortgages
307

 
23,105

 
25,598

 
 
Total originated consumer
1,985

 
71,646

 
74,768

    Total originated loans
2,034

 
$
113,981

 
$
119,889

Acquired loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I

 
$

 
$

 
 
CRE
5

 
3,525

 
3,827

 
 
Construction

 

 

 
 
Total acquired commercial
5

 
3,525

 
3,827

 
Consumer
 
 
 
 
 
 
 
Installment
50

 
1,317

 
1,384

 
 
Home equity lines
171

 
7,508

 
7,572

 
 
Residential mortgages
31

 
2,050

 
2,277

 
 
Total acquired consumer
252

 
10,875

 
11,233

    Total acquired loans
257

 
$
14,400

 
$
15,060

FDIC acquired loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I

 
$

 
$

 
 
CRE
3

 
13,176

 
11,466

 
 
Construction
1

 
580

 
677

 
 
Total FDIC acquired commercial
4

 
13,756

 
12,143

 
Consumer
 
 
 
 
 
 
 
Home equity lines
76

 
9,627

 
9,642

 
 
Residential mortgages

 

 

 
 
Total FDIC acquired consumer
76

 
9,627

 
9,642

   Total FDIC acquired loans
80

 
$
23,383

 
$
21,785

Total loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I
27

 
$
28,160

 
$
28,980

 
 
CRE
30

 
30,876

 
31,434

 
 
Construction
1

 
580

 
677

 
 
Total commercial
58

 
59,616

 
61,091

 
Consumer
 
 
 
 
 
 
 
Installment
1,274

 
41,451

 
41,890

 
 
Home equity lines
500

 
24,855

 
25,191

 
 
Credit card
201

 
687

 
687

 
 
Residential mortgages
338

 
25,155

 
27,875

 
 
Total consumer
2,313

 
92,148

 
95,643

   Total loans
2,371

 
$
151,764

 
$
156,734

 
 
 
 
 
 
 
 
Note 1: For originated loans, the differences between the recorded investment and unpaid principal balance amounts represent partial charge offs.
Note 2: For acquired and FDIC acquired loans, the differences between the recorded investment and unpaid principal balance amounts represent partial charge offs and remaining purchase discount.

 
 
 
As of December 31, 2015
(Dollars in thousands)
Number of Loans
 
Recorded Investment
 
Unpaid Principal Balance
Originated loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I
26

 
$
33,087

 
$
33,740

 
 
CRE
24

 
14,671

 
16,648

 
 
Construction

 

 

 
 
Total originated commercial
50

 
47,758

 
50,388

 
Consumer
 
 
 
 
 
 
 
Installment
1,223

 
36,904

 
37,250

 
 
Home equity lines
257

 
7,080

 
7,330

 
 
Credit card
212

 
717

 
717

 
 
Residential mortgages
312

 
23,905

 
26,359

 
 
Total originated consumer
2,004

 
68,606

 
71,656

   Total originated loans
2,054

 
$
116,364

 
$
122,044

Acquired loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I
1

 
7,611

 
7,611

 
 
CRE
3

 
918

 
1,044

 
 
Total acquired commercial
4

 
8,529

 
8,655

 
Consumer
 
 
 
 
 
 
 
Installment
51

 
1,117

 
1,211

 
 
Home equity lines
176

 
7,718

 
7,778

 
 
Residential mortgages
31

 
2,154

 
2,382

 
 
Total acquired consumer
258

 
10,989

 
11,371

   Total acquired loans
262

 
$
19,518

 
$
20,026

FDIC acquired loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I

 
$

 
$

 
 
CRE
3

 
14,056

 
12,479

 
 
Construction
1

 
593

 
682

 
 
Total FDIC acquired commercial
4

 
14,649

 
13,161

 
Consumer
 
 
 
 
 
 
 
Home equity lines
81

 
10,215

 
10,281

 
 
Residential Mortgages
1

 
182

 
182

 
 
Total FDIC acquired consumer
82

 
10,397

 
10,463

   Total FDIC acquired loans
86

 
$
25,046

 
$
23,624

Total loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I
27

 
$
40,698

 
$
41,351

 
 
CRE
30

 
29,645

 
30,171

 
 
Construction
1

 
593

 
682

 
 
Total commercial
58

 
70,936

 
72,204

 
Consumer
 
 
 
 
 
 
 
Installment
1,274

 
38,021

 
38,461

 
 
Home equity lines
514

 
25,013

 
25,389

 
 
Credit card
212

 
717

 
717

 
 
Residential mortgages
344

 
26,241

 
28,923

 
 
Total consumer
2,344

 
89,992

 
93,490

   Total loans
2,402

 
$
160,928

 
$
165,694

 
 
 
 
 
 
 
 

Note 1: For originated loans, the differences between the recorded investment and unpaid principal balance amounts represent partial charge offs.
Note 2: For acquired and FDIC acquired loans, the differences between the recorded investment and unpaid principal balance amounts represent partial charge offs and remaining purchase discount.
 
 
 
As of March 31, 2015
(Dollars in thousands)
Number of Loans
 
Recorded Investment
 
Unpaid Principal Balance
Originated loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I
47

 
$
16,923

 
$
23,666

 
 
CRE
64

 
12,076

 
17,325

 
 
Construction
31

 

 

 
 
Total originated commercial
142

 
28,999

 
40,991

 
Consumer
 
 
 
 
 
 
 
Installment
1,186

 
26,882

 
27,528

 
 
Home equity lines
276

 
7,632

 
7,877

 
 
Credit card
230

 
815

 
815

 
 
Residential mortgages
316

 
24,822

 
27,612

 
 
Total originated consumer
2,008

 
60,151

 
63,832

   Total originated loans
2,150

 
$
89,150

 
$
104,823

Acquired loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I
1

 
2

 
3

 
 
CRE
3

 
2,453

 
2,635

 
 
Total acquired commercial
4

 
2,455

 
2,638

 
Consumer
 
 
 
 
 
 
 
Installment
51

 
1,195

 
1,281

 
 
Home equity lines
162

 
7,310

 
7,370

 
 
Residential mortgages
30

 
2,186

 
2,403

 
 
Total acquired consumer
243

 
10,691

 
11,054

   Total acquired loans
247

 
$
13,146

 
$
13,692

FDIC acquired loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I
8

 
$

 
$
1,355

 
 
CRE
24

 
23,895

 
39,596

 
 
Construction
9

 
346

 
9,552

 
 
Total FDIC acquired commercial
41

 
24,241

 
50,503

 
Consumer
 
 
 
 
 
 
 
Home equity lines
70

 
8,909

 
8,914

 
 
Residential mortgages
1

 
185

 
185

 
 
Total FDIC acquired consumer
71

 
9,094

 
9,099

   Total FDIC acquired loans
112

 
$
33,335

 
$
59,602

Total loans
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
C&I
56

 
$
16,925

 
$
25,024

 
 
CRE
91

 
38,424

 
59,556

 
 
Construction
40

 
346

 
9,552

 
 
Total commercial
187

 
55,695

 
94,132

 
Consumer
 
 
 
 
 
 
 
Installment
1,237

 
28,077

 
28,809

 
 
Home equity lines
508

 
23,851

 
24,161

 
 
Credit card
230

 
815

 
815

 
 
Residential mortgages
347

 
27,193

 
30,200

 
 
Total consumer
2,322

 
79,936

 
83,985

   Total loans
2,509

 
$
135,631

 
$
178,117

 
 
 
 
 
 
 
 

Accruing and Nonaccruing Troubled Debt Restructurings
The following tables provide a summary of the delinquency status of TDRs along with the specific allowance for loan loss, by loan type, as of March 31, 2016, December 31, 2015, and March 31, 2015, including TDRs that continue to accrue interest and TDRs included in nonperforming assets.
As of March 31, 2016
 
Accruing TDRs
 
Nonaccruing TDRs
 
Total
 
Total
(In thousands)
Current
 
Delinquent
 
Total
 
Current
 
Delinquent
 
Total
 
TDRs
 
Allowance
Originated loans
 
 
 
 

 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 

 
 
 
 
 

 

 
 
C&I
$
13,306

 
$
1,168

 
$
14,474

 
$
7,741

 
$
5,945

 
$
13,686

 
$
28,160

 
$
6,194

CRE
273

 
2,247

 
2,520

 
765

 
10,890

 
11,655

 
14,175

 
20

Construction

 

 

 

 

 

 

 

Total originated commercial
13,579

 
3,415

 
16,994

 
8,506

 
16,835

 
25,341

 
42,335

 
6,214

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Installment
38,153

 
600

 
38,753

 
1,342

 
39

 
1,381

 
40,134

 
1,081

Home equity lines
6,891

 
101

 
6,992

 
713

 
15

 
728

 
7,720

 
185

Credit card
554

 
111

 
665

 

 
22

 
22

 
687

 
225

Residential mortgages
13,707

 
1,517

 
15,224

 
5,395

 
2,486

 
7,881

 
23,105

 
1,038

Total originated consumer
59,305

 
2,329

 
61,634

 
7,450

 
2,562

 
10,012

 
71,646

 
2,529

         Total originated TDRs
$
72,884

 
$
5,744

 
$
78,628

 
$
15,956

 
$
19,397

 
$
35,353

 
$
113,981

 
$
8,743

Acquired loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
C&I
$

 
$

 
$

 
$

 
$

 
$

 
$

 
$

CRE
2,758

 

 
2,758

 
665

 
102

 
767

 
3,525

 
29

Construction

 

 

 

 

 

 

 

Total acquired commercial
2,758

 

 
2,758

 
665

 
102

 
767

 
3,525

 
29

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Installment
1,230

 

 
1,230

 
87

 

 
87

 
1,317

 
42

Home equity lines
7,281

 
108

 
7,389

 
119

 

 
119

 
7,508

 
59

Residential mortgages
1,156

 
247

 
1,403

 
623

 
24

 
647

 
2,050

 

Total acquired consumer
9,667

 
355

 
10,022

 
829

 
24

 
853

 
10,875

 
101

    Total acquired TDRs
$
12,425

 
$
355

 
$
12,780

 
$
1,494

 
$
126

 
$
1,620

 
$
14,400

 
$
130

FDIC acquired loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
C&I
$

 
$

 
$

 
$

 
$

 
$

 
$

 
$

CRE

 

 

 

 
13,176

 
13,176

 
13,176

 
2,302

Construction

 

 

 
580

 

 
580

 
580

 
42

Total FDIC acquired commercial

 

 

 
580

 
13,176

 
13,756

 
13,756

 
2,344

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines
9,395

 
181

 
9,576

 
51

 

 
51

 
9,627

 
26

Residential mortgages

 

 

 

 

 

 

 

Total FDIC acquired consumer
9,395

 
181

 
9,576

 
51

 

 
51

 
9,627

 
26

    Total FDIC acquired TDRs
$
9,395

 
$
181

 
$
9,576

 
$
631

 
$
13,176

 
$
13,807

 
$
23,383

 
$
2,370

Total loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
C&I
$
13,306

 
$
1,168

 
$
14,474

 
$
7,741

 
$
5,945

 
$
13,686

 
$
28,160

 
$
6,194

CRE
3,031

 
2,247

 
5,278

 
1,430

 
24,168

 
25,598

 
30,876

 
2,351

Construction

 

 

 
580

 

 
580

 
580

 
42

Total commercial
16,337

 
3,415

 
19,752

 
9,751

 
30,113

 
39,864

 
59,616

 
8,587

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Installment
39,383

 
600

 
39,983

 
1,429

 
39

 
1,468

 
41,451

 
1,123

Home equity lines
23,567

 
390

 
23,957

 
883

 
15

 
898

 
24,855

 
270

Credit card
554

 
111

 
665

 

 
22

 
22

 
687

 
225

Residential mortgages
14,863

 
1,764

 
16,627

 
6,018

 
2,510

 
8,528

 
25,155

 
1,038

Total consumer
78,367

 
2,865

 
81,232

 
8,330

 
2,586

 
10,916

 
92,148

 
2,656

Total TDRs
$
94,704

 
$
6,280

 
$
100,984

 
$
18,081

 
$
32,699

 
$
50,780

 
$
151,764

 
$
11,243

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


As of December 31, 2015
 
Accruing TDRs
 
Nonaccruing TDRs
 
Total
 
Total
(In thousands)
Current
 
Delinquent
 
Total
 
Current
 
Delinquent
 
Total
 
TDRs
 
Allowance
Originated loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
C&I
$
22,566

 
$
107

 
$
22,673

 
$
4,229

 
$
6,185

 
$
10,414

 
$
33,087

 
$
6,052

CRE
10,271

 
2,247

 
12,518

 
746

 
1,407

 
2,153

 
14,671

 
20

Construction

 

 

 

 

 

 

 

Total originated commercial
32,837

 
2,354

 
35,191

 
4,975

 
7,592

 
12,567

 
47,758

 
6,072

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Installment
34,902

 
794

 
35,696

 
1,125

 
83

 
1,208

 
36,904

 
1,009

Home equity lines
6,511

 
114

 
6,625

 
399

 
56

 
455

 
7,080

 
188

Credit card
575

 
140

 
715

 

 
2

 
2

 
717

 
243

Residential mortgages
12,869

 
2,896

 
15,765

 
4,611

 
3,529

 
8,140

 
23,905

 
944

Total originated consumer
54,857

 
3,944

 
58,801

 
6,135

 
3,670

 
9,805

 
68,606

 
2,384

         Total originated TDRs
$
87,694

 
$
6,298

 
$
93,992

 
$
11,110

 
$
11,262

 
$
22,372

 
$
116,364

 
$
8,456

Acquired loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
C&I
$
7,611

 
$

 
$
7,611

 
$

 
$

 
$

 
$
7,611

 
$

CRE

 

 

 
659

 
259

 
918

 
918

 
201

Total acquired commercial
7,611

 

 
7,611

 
659

 
259

 
918

 
8,529

 
201

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Installment
967

 
126

 
1,093

 
14

 
10

 
24

 
1,117

 
45

Home equity lines
6,941

 
655

 
7,596

 
122

 

 
122

 
7,718

 
70

Residential mortgages
1,096

 
256

 
1,352

 
802

 

 
802

 
2,154

 

Total acquired consumer
9,004

 
1,037

 
10,041

 
938

 
10

 
948

 
10,989

 
115

    Total acquired TDRs
$
16,615

 
$
1,037

 
$
17,652

 
$
1,597

 
$
269

 
$
1,866

 
$
19,518

 
$
316

FDIC acquired loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
C&I
$

 
$

 
$

 
$

 
$

 
$

 
$

 
$

CRE

 
14,056

 
14,056

 

 

 

 
14,056

 
2,333

Construction
593

 

 
593

 

 

 

 
593

 

Total FDIC acquired commercial
593

 
14,056

 
14,649

 

 

 

 
14,649

 
2,333

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines
10,065

 
70

 
10,135

 
6

 
74

 
80

 
10,215

 
23

Residential mortgages
182

 

 
182

 

 

 

 
182

 

Total FDIC acquired consumer
10,247

 
70

 
10,317

 
6

 
74

 
80

 
10,397

 
23

    Total FDIC acquired TDRs
$
10,840

 
$
14,126

 
$
24,966

 
$
6

 
$
74

 
$
80

 
$
25,046

 
$
2,356

Total Loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
C&I
$
30,177

 
$
107

 
$
30,284

 
$
4,229

 
$
6,185

 
$
10,414

 
$
40,698

 
$
6,052

CRE
10,271

 
16,303

 
26,574

 
1,405

 
1,666

 
3,071

 
29,645

 
2,554

Construction
593

 

 
593

 

 

 

 
593

 

Total commercial
41,041

 
16,410

 
57,451

 
5,634

 
7,851

 
13,485

 
70,936

 
8,606

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Installment
35,869

 
920

 
36,789

 
1,139

 
93

 
1,232

 
38,021

 
1,054

Home equity lines
23,517

 
839

 
24,356

 
527

 
130

 
657

 
25,013

 
281

Credit card
575

 
140

 
715

 

 
2

 
2

 
717

 
243

Residential mortgages
14,147

 
3,152

 
17,299

 
5,413

 
3,529

 
8,942

 
26,241

 
944

Total consumer
74,108

 
5,051

 
79,159

 
7,079

 
3,754

 
10,833

 
89,992

 
2,522

Total TDRs
$
115,149

 
$
21,461

 
$
136,610

 
$
12,713

 
$
11,605

 
$
24,318

 
$
160,928

 
$
11,128

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

As of March 31, 2015
 
Accruing TDRs
 
Nonaccruing TDRs
 
Total
 
Total
(In thousands)
Current
 
Delinquent
 
Total
 
Current
 
Delinquent
 
Total
 
TDRs
 
Allowance
Originated loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
C&I
$
16,558

 
$

 
$
16,558

 
$

 
$
365

 
$
365

 
$
16,923

 
$
124

CRE
6,031

 
1,493

 
7,524

 
3,724

 
828

 
4,552

 
12,076

 
71

Construction

 

 

 

 

 

 

 

Total originated commercial
22,589

 
1,493

 
24,082

 
3,724

 
1,193

 
4,917

 
28,999

 
195

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Installment
24,701

 
409

 
25,110

 
1,528

 
244

 
1,772

 
26,882

 
1,005

Home equity lines
6,680

 
113

 
6,793

 
811

 
28

 
839

 
7,632

 
254

Credit card
721

 
77

 
798

 

 
17

 
17

 
815

 
263

Residential mortgages
14,299

 
2,286

 
16,585

 
5,020

 
3,217

 
8,237

 
24,822

 
1,416

Total originated consumer
46,401

 
2,885

 
49,286

 
7,359

 
3,506

 
10,865

 
60,151

 
2,938

          Total originated TDRs
$
68,990

 
$
4,378

 
$
73,368

 
$
11,083

 
$
4,699

 
$
15,782

 
$
89,150

 
$
3,133

Acquired loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
C&I
$

 
$

 
$

 
$
2

 
$

 
$
2

 
$
2

 
$
2

CRE

 

 

 
954

 
1,499

 
2,453

 
2,453

 
135

Total acquired commercial

 

 

 
956

 
1,499

 
2,455

 
2,455

 
137

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Installment
1,139

 
33

 
1,172

 
23

 

 
23

 
1,195

 
48

Home equity lines
6,610

 
564

 
7,174

 
136

 

 
136

 
7,310

 

Residential mortgages
1,335

 

 
1,335

 
616

 
235

 
851

 
2,186

 

Total acquired consumer
9,084

 
597

 
9,681

 
775

 
235

 
1,010

 
10,691

 
48

    Total acquired TDRs
$
9,084

 
$
597

 
$
9,681

 
$
1,731

 
$
1,734

 
$
3,465

 
$
13,146

 
$
185

FDIC acquired loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
C&I
$

 
$

 
$

 
$

 
$

 
$

 
$

 
$

CRE

 
23,895

 
23,895

 

 

 

 
23,895

 
2,026

Construction

 
346

 
346

 

 

 

 
346

 
293

Total FDIC acquired commercial

 
24,241

 
24,241

 

 

 

 
24,241

 
2,319

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home equity lines
7,703

 
939

 
8,642

 
267

 

 
267

 
8,909

 
24

Residential mortgages
185

 

 
185

 

 

 

 
185

 

Total FDIC acquired consumer
7,888

 
939

 
8,827

 
267

 

 
267

 
9,094

 
24

Total FDIC acquired TDRs
$
7,888

 
$
25,180

 
$
33,068

 
$
267

 
$

 
$
267

 
$
33,335

 
$
2,343

Total loans
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
C&I
$
16,558

 
$

 
$
16,558

 
$
2

 
$
365

 
$
367

 
$
16,925

 
$
126

CRE
6,031

 
25,388

 
31,419

 
4,678

 
2,327

 
7,005

 
38,424

 
2,232

Construction

 
346

 
346

 

 

 

 
346

 
293

Total commercial
22,589

 
25,734

 
48,323

 
4,680

 
2,692

 
7,372

 
55,695

 
2,651

Consumer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Installment
25,840

 
442

 
26,282

 
1,551

 
244

 
1,795

 
28,077

 
1,053

Home equity lines
20,993

 
1,616

 
22,609

 
1,214

 
28

 
1,242

 
23,851

 
278

Credit card
721

 
77

 
798

 

 
17

 
17

 
815

 
263

Residential mortgages
15,819

 
2,286

 
18,105

 
5,636

 
3,452

 
9,088

 
27,193

 
1,416

Total consumer
63,373

 
4,421

 
67,794

 
8,401

 
3,741

 
12,142

 
79,936

 
3,010

Total TDRs
$
85,962

 
$
30,155

 
$
116,117

 
$
13,081

 
$
6,433

 
$
19,514

 
$
135,631

 
$
5,661

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Schedule of Debtor Troubled Debt Restructuring, Current Period
The following tables provide the number of loans modified in a TDR within the previous 12 months that subsequently defaulted during the three months ended March 31, 2016 and March 31, 2015, as well as the amount defaulted in these restructured loans.
 
Three Months Ended March 31, 2016
(Dollars in thousands)
Number of Loans
 
Amount Defaulted
Originated loans
 
 
 
Commercial
 
 
 
C&I

 
$

CRE

 

Construction

 

Total originated commercial

 

Consumer
 
 
 
Installment
8

 
83

Home equity lines

 

Credit card
3

 
2

Residential mortgages
1

 
76

Total originated consumer
12

 
$
161

FDIC acquired loans
 
 
 
Commercial
 
 
 
C&I

 
$

CRE

 

Construction

 

Total FDIC acquired commercial

 
$

Acquired loans
 
 
 
Commercial
 
 
 
C&I

 
$

CRE
1

 
255

Construction

 

Total acquired commercial
1

 
$
255

Consumer
 
 
 
Installment
2

 
31

Home equity lines
1

 
14

Residential mortgages

 

Total acquired consumer
3

 
$
45

Total loans
 
 
 
Commercial
 
 
 
C&I

 
$

CRE
1

 
255

Construction

 

Total commercial
1

 
255

Consumer
 
 
 
Installment
10

 
114

Home equity lines
1

 
14

Credit card
3

 
2

Residential mortgages
1

 
76

Total consumer
15

 
206

Total
16

 
$
461

 
 
 
 


 
Three Months Ended March 31, 2015
(Dollars in thousands)
Number of Loans
 
Recorded Investment
Originated loans
 
 
 
Commercial
 
 
 
C&I

 
$

CRE

 

Construction

 

Total originated commercial

 

Consumer
 
 
 
Installment
2

 

Home equity lines

 

Credit card
2

 
17

Residential mortgages

 

Total originated consumer
4

 
$
17

FDIC acquired loans
 
 
 
Commercial
 
 
 
C&I
1

 
$
427

CRE

 

Construction

 

Total FDIC acquired commercial
1

 
$
427

Acquired loans
 
 
 
Commercial
 
 
 
C&I
1

 
$
55

CRE

 

Construction

 

Total acquired commercial
1

 
$
55

Total loans
 
 
 
Commercial
 
 
 
C&I
2

 
$
482

CRE

 

Construction

 

Total commercial
2

 
482

Consumer
 
 
 
Installment
2

 

Home equity lines

 

Credit card
2

 
17

Residential mortgages

 

Total consumer
4

 
17

Total
6

 
$
499